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‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’

AIMPWAMarch 1, 2025

Rising temperature and growing threat of climate change may increase default risk in 30 per cent of agri and housing loans portfolio in the next five years, according to an analysis by BCG. According to the report, the average global temperature has already increased approximately 1.2 degree Celsius versus pre-industrial levels leading to flooding in...

Bank of Maharashtra reduces retail loan interest rates by up to 25 bps

AIMPWAMarch 1, 2025

Bank of Maharashtra (BoM) on Sunday announced reduction by up to 25 basis points (bps) in interest rates on retail loans, including home, car, education and other loans linked with Repo Rate Linked Lending Rate (RLLR). The Pune-headquartered public sector bank, in a statement, said it has already waived processing fees on home and car...

PF interest rate to continue at 8.25% for FY25

AIMPWAMarch 1, 2025

The Employees’ Provident Fund Organisation’s Central Board of Trustees (CBT) has decided to retain interest rate of 8.25 per cent for provident fund deposits for FY 2024-25 but has enhanced social security benefits under its insurance scheme. The CBT recommended 8.25 per cent annual rate of interest will be credited to members’ accounts for the...

Banks’ non-food credit growth slows to 12.5% in Jan

AIMPWAMarch 1, 2025

The banking system’s non-food credit growth slowed in January 2025 to 12.5 per cent year-on-year as compared with16.2 per cent in the year ago period. This is due to moderation in credit growth in services and personal loans segments even as credit growth in agriculture and allied activities and industry picked up. However, non-food credit...

RBI says 98.18% of ₹2000 banknotes returned; ₹6,471 cr worth of notes still in circulation

AIMPWAMarch 1, 2025

The Reserve Bank of India (RBI) on Saturday said 98.18 per cent of the ₹2000 banknotes in circulation as on May 19, 2023, have been returned till February 28, 2025. The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal...

HDFC Bank executes first trade in gold through IIBX

AIMPWAMarch 1, 2025

HDFC Bank executed the first ever trade in gold by any bank on IIBX under Special Category Client – Nominated Bank Category, the India International Bullion Exchange (IIBX) located in GIFT City recently announced. This trade conducted on February 28 imported gold through IIBX ecosystem by HDFC Bank and paved the way for other nominated...

ED issues FEMA notice to Paytm over past acquisitions

AIMPWAMarch 1, 2025

India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act. The notice relates to violations relating to the acquisition of two subsidiaries – Little Internet Private Limited and Nearbuy India Private Limited for the years 2015 to 2019, the Paytm said...

CUB-CSK co-branded credit card launched with sports and lifestyle perks

AIMPWAMarch 1, 2025

City Union Bank Ltd, an old private sector bank, has partnered with Chennai Super Kings (CSK) to launch a co-branded credit card. The CUB-CSK Co-Branded Credit Card will be available in three variants – MasterCard, Platinum, and Signature Powered by MasterCard and RuPay, the card promises global acceptance, top-notch security, and contactless payment options. “These...

India’s Core Sector Output Grows 4.6% in January, Cement and Refinery Products Lead

AIMPWAMarch 1, 2025

New Delhi, Mar 1 (KNN) India’s eight core infrastructure sectors recorded a 4.6 per cent growth in January, slightly lower than December’s revised 4.8 per cent but still the second-highest increase in six months. On a sequential basis, the Index of Core Industries (ICI) rose 2.4 per cent from December, reaching a 10-month high of 173,...

India Extends Mandate for Imported Coal Power Plants Amid Rising Electricity Demand

AIMPWAMarch 1, 2025

New Delhi, Mar 1 (KNN) The Indian government has extended its mandate requiring imported coal-fired power plants to operate at full capacity until the end of April, pushing back an earlier deadline set for February. The decision, outlined in a government order seen by Reuters, comes in response to rising electricity demand across the country. India’s power...

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Startup Battlefield 200 applications close at midnight

AIMPWAJune 16, 2025

These are your final hours to apply to the most iconic pitch competition in tech — Startup Battlefield 200. Battle it out in front of 10,000+ startup leaders, investors, and media at TechCrunch Disrupt 2025. It’s your moment to be seen, funded, and remembered — and maybe even walk away with $100,000 in equity-free funding....

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The investor experience at TC All Stage

AIMPWAJune 16, 2025

TechCrunch All Stage isn’t a waiting room for warm intros — it’s a floor full of founders, ideas, and breakout potential. For VCs, it’s a rare chance to skip the filters and meet the future of tech in one place, on one day, with no layers between you and the next standout story. Whether you’re...

What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

AIMPWAJune 16, 2025

Tech and startup events have a formula. You know it. We know it. We’ve all done it. But TechCrunch All Stage 2025, which we’re hosting July 15 at the SoWa Power Station in Boston, is designed to break out of that rinse-and-repeat model — and focus on what early-stage startups actually need to know, right...

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The founder experience at TechCrunch All Stage: Built for people building what’s next

AIMPWAJune 16, 2025

For a founder, time is the one resource you can’t raise. That’s why TechCrunch All Stage — happening July 15 in Boston’s SoWa Power Station — is designed to make every minute count. Whether you’re at the whiteboard sketching v1 of your product or figuring out how to lead a team of 50, TechCrunch All...

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What to expect at TechCrunch All Stage: One day, countless connections and takeaways

AIMPWAJune 16, 2025

Whether you’re a founder gearing up for your next raise or a VC scouting your next portfolio win, TechCrunch All Stage, happening July 15 at Boston’s SoWa Power Station, packs more into one day than most multi-day conferences manage to deliver. This isn’t your typical sit-and-listen event. It’s designed to help you build momentum in...

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Latest Posts

‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’

Bank of Maharashtra reduces retail loan interest rates by up to 25 bps

PF interest rate to continue at 8.25% for FY25

Banks’ non-food credit growth slows to 12.5% in Jan

RBI says 98.18% of ₹2000 banknotes returned; ₹6,471 cr worth of notes still in circulation

HDFC Bank executes first trade in gold through IIBX

ED issues FEMA notice to Paytm over past acquisitions

CUB-CSK co-branded credit card launched with sports and lifestyle perks

India’s Core Sector Output Grows 4.6% in January, Cement and Refinery Products Lead

India Extends Mandate for Imported Coal Power Plants Amid Rising Electricity Demand

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Startup Battlefield 200 applications close at midnight

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Startup Battlefield 200 applications close at midnight

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What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

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What to expect at TechCrunch All Stage: One day, countless connections and takeaways

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